OREANDA-NEWS. On February 01, 2007 the Government’s House in Astana accommodated a sitting chaired by Kazakhstan’s Prime Minister Karim Massimov; the sitting on macroeconomic indicators was attended by representatives of the World Bank and those of public bodies, reported the Official website http://en.government.kz.

The group of the World Bank representatives was headed by Shigeo Katsu, Vice-President for Europe and Central Asia.

The sides discussed the impact of global economic trends on the Kazakhstan’s economy in the mid and long run. Notably they dwelt on maintenance of the financial sector stability and on possible incentives to ensure the sector’s quality growth.

The WB experts pointed out that “irregardless of the complicated state of the global economy, reassuring trends are obvious in the Kazakhstan’s economy”. Kazakh banks are now more cautious when assessing risks, and economic growth is getting more balanced and diversified.

PM Karim Massimv pointed to the high value of such sittings attended by representatives of the World Bank and those of public bodies in charge of implementing Kazakhstan’s economic policy.

The sides agreed to keep on the prolific cooperation.